Average Nurse Practitioners Salary in Toledo, OH
Nurse Practitioners in Toledo, OH, earn an average annual salary of $123,800. This figure is slightly below the national average of $131,710, a common occurrence in markets where local economic factors and demand dynamics influence compensation. While the national trend sets a benchmark, regional pay scales are often adjusted to align with local economic conditions and the specific healthcare needs of the community.
Executive Summary
- Average Salary: $123,800 per year.
- Growth Trend: Salaries have shifted 11.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $151,340.
- Outlook: The Nurse Practitioner job market in Toledo, OH, shows a healthy concentration, indicated by a Location Quotient of 1.19, suggesting a presence slightly above the national average. With a local workforce of 690 Nurse Practitioners, the demand appears stable and consistent within this Ohio city. The metric of 2.365 jobs per 1,000 workers further supports a robust employment landscape for these advanced practice professionals.
Salary Overview
The average Nurse Practitioners in Toledo, OH earns-6.0%below the national average.
$59.5
$2,381
$10,317
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data for Toledo, OH is not provided, it is reasonable to assume that Nurse Practitioner salaries in the region have experienced growth over the past four years, mirroring national trends. Factors such as increasing demand for healthcare services, evolving scope of practice, and inflationary pressures typically contribute to upward salary adjustments for skilled medical professionals.
Nurse Practitioners Salary Distribution in Toledo, OH
Salary progression for Nurse Practitioners in Toledo, OH, typically correlates with experience and specialization. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized certifications can expect to earn significantly more, potentially reaching the higher percentiles. The gap between entry-level and senior salaries signifies a clear career growth trajectory and reward for accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $101,410 | $48.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $92,850 | $44.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $124,190 | $59.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $154,750 | $74.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $151,340 | $72.8 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$123,800
Gross Pay
Real Wage (Purchasing Power)
$123,800
Adjusted for COL (100)
The average annual salary of $123,800 for Nurse Practitioners in Toledo, OH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Nurse Practitioner's salary in Toledo is equivalent to the national standard, offering a stable financial foundation without the typical trade-offs often associated with lower or higher cost-of-living areas.
Job Market Context
690
Total Jobs
2.365
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, Toledo, OH has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.
With a Location Quotient of 1.19, Toledo, OH, demonstrates a slightly higher concentration of Nurse Practitioners compared to the national average. This suggests a healthy, and perhaps slightly more competitive, job market where employers may actively seek out qualified candidates. The presence of more NPs per capita than the national average indicates a strong demand for their services within the Toledo healthcare ecosystem.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Nurse Practitioners Salary | $179,250↑ 45% | 20 mi |
| Ann Arbor, MI Nurse Practitioners Salary | $134,510↑ 9% | 43 mi |
| Sandusky, OH Nurse Practitioners Salary | $115,690↓ 7% | 48 mi |
| Detroit-Warren-Dearborn, MI Nurse Practitioners Salary | $128,140↑ 4% | 54 mi |
| Jackson, MI Nurse Practitioners Salary | $129,620↑ 5% | 58 mi |
Comparing salaries near Toledo, OH
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Toledo, OH?
The median annual salary for a Nurse Practitioners in Toledo, OH is $123,800. This typically ranges from $101,410 for entry-level positions to $151,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Toledo, OH is 6.0% lower than the national median of $131,710.
Is Toledo, OH a lucrative place for Nurse Practitioners?
Yes, Toledo, OH offers a competitive earning potential for Nurse Practitioners.Nurse Practitioners in Toledo earn $123,800 annually, which aligns with the national average cost of living, making it a financially stable location. The slightly above-average concentration of NPs also indicates a strong local demand for their specialized skills.
Is Toledo, OH a good place to live for Nurse Practitioners?
The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Toledo, OH?
Some top paying nearby cities include Monroe, MI ($179,250) and Ann Arbor, MI.
How does Toledo's Nurse Practitioner salary compare to the national average?
The average annual salary for Nurse Practitioners in Toledo, OH is $123,800, which is slightly lower than the national average of $131,710.
What is the concentration of Nurse Practitioners in Toledo, OH?
Toledo, OH has a Location Quotient of 1.19 for Nurse Practitioners, indicating a concentration slightly above the national average.
How does the cost of living in Toledo affect a Nurse Practitioner's salary?
With a Cost of Living Index of 100, the national average, a Nurse Practitioner's salary of $123,800 in Toledo has purchasing power equivalent to the national average.
What is the total number of Nurse Practitioners employed in Toledo, OH?
There are approximately 690 Nurse Practitioners employed in Toledo, OH.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 690 employees in the Toledo, OH area with a job density of 2.365 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Nurse Practitioners • Data source: BLS OEWS 2024 •Jobs in Toledo, OH